Evaluating, Optimizing and Minimizing Risk around Employee Benefit Plans

Our consultants can help you to meet these challenges:

• Value Defined Benefit, early retirement, and other post-employment benefit plans for inclusion in company financial statements
• Produce actuarial valuations for severance payments required under the Labor Contract Law
• Predict benefit plan costs
• Quantify and manage the potential risks inherent in the employee benefit plans
• Understand the effect of global financial turmoil on pension plan asset investment performance and actuarial assumptions
• Receive timely notice about regulatory and legislative changes that affect company benefit plans
• Quantify a target company’s liabilities during a merger or acquisition

Solutions We Deliver

• Conduct required valuations of your pension plans with world class actuarial valuation tools
• Our experienced actuaries can handle the actuarial assumption setting process, perform actuarial valuations and provide meaningful results
• Develop funding and accounting strategies based on expert trend analysis
• Determine expenses that should be recorded on profit and loss statements
• Calculate balance sheet liabilities
• Prepare consolidated financial information for all pension plans.
• Advise on client financial and risk control needs, and updates on the global financial market changes and their implications
• Effective communication with clients to ensure our high quality service meets the clients' needs.
• Actuarial due diligence of potential acquisitions

Hewitt's actuarial team provides you with the ideal mix of technical skill, business insights, and proactive consulting to help you take full control of your benefit programs.

Our services range from reliable valuations of liabilities using world-class software and best in class quality standards, to developing strategies to manage your programs more effectively that reduce exposure to risk and to provide your business leaders with accurate expectations of future costs.

Best of all, we will translate all of the underlying technical detail into messages that make sense to you and your business leaders—information you can use to take meaningful action.

For more information on our complete suite of actuarial services, please contact us.